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Ethereum $ETH Poised for Breakout as Bulls Regain Control – Will $2,500 Fall Next?

Ethereum (ETH) is showing powerful bullish signals again, trading around $2,358 with a sharp 6.49% daily gain. After weeks of consolidation, ETH appears to be regaining momentum, and the charts are telling a compelling story.

On the 1-hour chart, ETH has broken above all key moving averages – with the MA(7) and MA(25) tightly supporting the price near $2,340, while the MA(99) lags behind at $2,010, confirming long-term bullish structure. A recent surge took ETH up to $2,490, where it faced resistance and is now consolidating just below that level.

What’s fuelling the optimism? A sharp volume spike during the rally hints at smart money entering, and the price now moves in a tight bullish range. With this setup, ETH is forming a classic bullish flag – a continuation pattern that often leads to explosive moves.

If bulls manage to reclaim $2,490, the path to $2,600 and beyond opens wide. However, a brief pullback to the $2,290–$2,240 zone remains possible and could offer a strong re-entry opportunity for late buyers.

In Summary: Ethereum is quietly building strength under resistance. A breakout could be imminent – and if Bitcoin remains stable, ETH may soon catch fire and lead the altcoin rally.

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